Question: Question 4 8 points Save Answer Bid Ask USDJPY 118.9 118.91 USDCHF 0.9478 0.9482 CADJPY 95.1993 95.2493 Use the table shown above to answer this

Question 4 8 points Save

Answer Bid Ask

USDJPY 118.9 118.91

USDCHF 0.9478 0.9482

CADJPY 95.1993 95.2493

Use the table shown above to answer this question.

You are a Japanese investor. You want to sell some Canadian government bonds which is worth 1,000 Canadian dollars. How much Yen do you have in your pocket after the exchange? 9,520 Yen

1,249 Yen

1,248 Yen

9,525 Yen

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